Data Veterans to Create Industry Utility to Solve Billion Dollar Reference Data Problem

NEW YORK-With a total of more than 110 years' experience in the financial services industry, three prominent industry professionals have teamed up to create a reference data utility aimed at helping firms mitigate risk and solve problems of faulty data, officials tell Inside Reference Data.

Pat Tsien, ex-Accenture, Allan Grody, ex-Coopers & Lybrand, and Richard Robert Tinervin, ex-Citigroup, are due to set up a partnership after developing a system that could result in a generational shift in the

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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